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Can we earn 4000 bitcoins in India through mining over a year.User our Bitcoin Calculator to determine an estimated payout for your bitcoin workers.If you mine solo you will mine most of the time for 0 rewards, with a sort of lottery about when you will find a block.The CoinDesk Bitcoin Calculator converts bitcoin into any world currency using the Bitcoin Price Index,.

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URL-shortener services serve no use on Reddit as there is nothing restricting the size of your comment string.Luck play s a little less of a roll in pool mining, but over a long enough period of time, it is equal.Get traffic statistics,. bitcoin mining calculator: 26.49%: 2. bitcoin calculator: 11.48%: 3. mining calculator: 3.63%: 4. alloscomp.Owen Johnston, Enthusiast Answered 204w ago Since this question was first asked, bitcoin mining has changed a lot.Likewise, all moderators of this subreddit do follow the Modiquette.

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Here is a tutorial on setting up your Block Erupter: You will also want to sign up for a bitcoin mining pool, such as.

You will have to create an account, download some mining software, set it up correctly, leave it running a while on your computer, and a few hours or days later, congratulation, you will have mined your first thousandths or ten tousandths of a bitcoin.I have taken some interest in Bitcoin mining and am considering making a modest investment in a gpu or two to get a. http://www.alloscomp.com/bitcoin/calculator.php.This hardware has been made obsolete due to the existence of bitcoin mining ASICs, hardware specifically designed to mine bitcoins.This data was taken from an advanced Bitcoin mining calculator using the following stats: 2% mining pool fees,.

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If you notice somebody abusing the subreddit rules, please message the moderators with the permalink in question.Look at most relevant Ore mining profit calculator websites out of 31.2 Million at KeyOptimize.com. Ore. Bitcoin mining profitability calculator,. Alloscomp.

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The idea of pool mining was to team people up so the gaps between blocks being solved was less.

Can I use a Bitcoin mining rig to mine for other cryptocurrency.However, I still have one more question - im guessing all of these calculators are built around the assumption that you are not part of a mining pool, which in reality, seems to be the only way to mine these days since the likelihood of an individual getting a block all to themselves is practically impossible.If you enter your hash rate below, this page will calculate your expected.Alloscomp: Bitcoin Mining Calculator Bitcoin Mining Calculator.There are some bitcoin mining calculators that can give you an idea based on present mining difficulty and your electric rates.

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A mining pool allows you to pool your hardware resources with other miners and share the bitcoins you mine.REDDIT and the ALIEN Logo are registered trademarks of reddit inc.According to the alloscomp bitcoin calculator,. poloniex stole all my mining from genesis 1.83 bitcoin,.By continuing, you indicate that you have read the Terms of Service and Privacy Policy.Get a free guide to find out how to invest in Litecoin for your IRA.Note that you will actually lose (an insignifiant amount of) money doing so, since what you earn in bitcoin will be much less that what you spend in electric power running your computer.Alloscomp - mining calculator. Our preferred calculator for Bitcoin mining.

ASICs are in high demand by bitcoin enthusiasts and most companies that produce these chips have a long list of backorders.My friend mined bitcoin using a setup of 8 GPUs and showed that he earned a total of 1.009 BTC in just 1 week.Bitcoin block difficulty calculator. Bitcoin mining calculator is an advanced calculator to estimated the bitcoins.

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Their tempting 250 GHs trial got me to sign up and a quick alloscomp bitcoin calculator.But you have to know something about miners to see that at their site.

You can use bitcoin mining calculators like alloscomp or vnbitcoin to try and calculate the possible return on.I have done other calculations for including the electricity.It is very unlikely that you will ever mine a block of bitcoins on your own unless you have a large mining operation.Bitcoin mining step by step - Profitability calculation. this we check really fast on Alloscomp,. any spreadsheet to make your own bitcoin mining calculator.

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How do I use bitcoins that I earn through this to buy things.All members of the BitcoinMining subreddit are expected to read and follow the Official Reddit Rules as well as the informal Reddiquette guidelines.There are also places where you can pool your bitcoin mining resources with a bunch of others and then share the proceeds.

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And if it is true, then I am sure the profitability of mining goes down A LOT since I would be splitting each reward with other miners in the pool proportionally to my contributed hash power.